Write the word or phrase that best completes each statement or answers the question.
-Jenny receives $1270 per year from three different investments totaling $20,000. One of the investmentspays 6%, the second one pays 8%, and the third one pays 5%. If the money invested at 8% is $1500 lessthan the amount invested at 5%, how much money has Jenny invested in the investment that pays 6%?
A)$1500
B)$8500
C)$4500
D)$10,000

Question

Quizplus · Accepted Answer

The Answer of Write the word or phrase that best completes each statement or answers the question.
-Jenny receives $1270 per year from three different investments totaling $20,000. One of the investmentspays 6%, the second one pays 8%, and the third one pays 5%. If the money invested at 8% is $1500 lessthan the amount invested at 5%, how much money has Jenny invested in the investment that pays 6%?
A)$1500
B)$8500
C)$4500
D)$10,000

Write the Word or Phrase That Best Completes Each Statement